First, is the SMART mindset. Be open to examining your beliefs and paradigms that keep you from making more money and taking advantage of what the rich know. The more you are willing to challenge yourself and your thoughts, the faster and wealthier you will become.
So, with that being said, ask yourself what will it take for you to shift your financial self-worth to be able to make more money than you ever have before? Who can you grow to become so you can make more money now? What are you willing to temporarily give up to you can retire in 5 years?
Next, you should have a specific goal in mind when it comes to retirement. Do you still want to work part-time? Do you want to travel? Or own several homes? How much money will you need to acquire for your retirement and how much money will you need per month to afford it? How much money do you need in the bank to cover unexpected surprises? Maybe you just want a 10+k a month extra and still keep your current job. There is no ‘right’ answer, you get to define what it is for you.
Now that you have answers to those questions, it’s time to reverse engineer how much money it is going to take to maintain that lifestyle. That will give you real numbers to work towards and when you make that money passively, then you will know when it is time to retire. To make that happen as quickly as possible comes down to the next four steps.
Also, be open that there are financial tools that you may have never heard of. Not all CPA’s, financial planners, and attorneys are created equally. Lots of money can buy you some very valuable knowledge that is not available to 99% of the population. And why haven’t you heard of it? Because each professional want to keep that information to themselves and for their high-flying clients so they have one-upped on everyone. Worse, many professionals don’t know about it themselves and therefore can’t tell you. The financial and asset protection tools of the rich are only available if you really going looking for them. It has taken us 20 years to uncover all the tools, techniques, and strategies we are going to share with you.